The Global Directed Energy-Based Surgical Systems Market was valued $xx Mn in 2020 and is expected to reach $xx Mn by 2027, at a CAGR of xx%.
Non-healthcare industries have used a wide spectrum of energy-based systems for many different purposes, from microchip manufacturing to artist creations, whereas only a small portion of these commercially available systems have been exploited by surgeons. Although many of the technologies are large and sophisticated image-guided systems that provide precise targeting at the molecular and atomic level, numerous other technologies are small, hand-held portable systems.
Thus, many surgical procedures are performed as outpatient or office procedures with small, hand-held directed energy devices. Within the spectrum of energy, one of the best opportunities is photonics, with numerous existing and emerging technologies that are being accepted by the clinical domain.
Even as surgery matures, and the fourth revolution in surgery in 25 years (robotic surgery) is gaining in popularity, a much more disruptive change is beginning with the next revolution: Directed energy for diagnosis and therapy (DEDAT). This advance takes the minimally invasive surgery (MIS) to the final step i.e. non-invasive surgery. As surgical operations increasingly move from open to non-invasive or minimally invasive techniques, the market for directed energy-based surgical systems will register higher demand and revenue.
One of the most remarkable developments in energy-based surgery over the last two decades has been the introduction of a large variety of complex and task-specific energy devices, incorporating novel technologies, newer designs, and advanced functions. Common examples include ultrasonic devices using mechanical energy, advanced bipolar electrosurgical devices. The success of energy devices is largely due to their ease of use, diverse configurations and utility for haemostasis, tissue dissection, and ablation.
Despite using energy-based devices on a daily basis, surgeons and surgical trainees may not always be familiar with their basic principles and functions, which acts as a restraint for the market.
The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in the Global Directed-Energy based Surgical Systems market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.
The report has profiled ten key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.
By technology, the radio-frequency based segment is expected to grow at a significant CAGR of xx%. The segment held a larger share of xx% in 2020, owing to its advantages in the medical field. Radiofrequency energy presently forms the basis of numerous medical device systems used in the treatment of various medical disorders. The characteristics, methods of application and design of medical devices using radiofrequency (RF) energy are highly varied; however, the fundamental effects of energy on biological tissue are the same.
The application of RF energy generates heat, which can be used to cut, coagulate or induce metabolic processes in the target tissue. The characteristics of RF energy determine its application primarily in minimally invasive procedures and make it likely the most extended minimally invasive method in medicine at present. Many of today’s surgical procedures and techniques owe their existence and success to radiofrequency.
By applications, Directed-Energy based Surgical Systems market is growing because of its applications in gynaecology. The segment is expected to grow at a CAGR of xx% during the forecast period. A number of energy sources are used in gynaecologic laparoscopy. Monopolar electro surgery, bipolar electro surgery, advanced bipolar devices, ultrasonic energy and various types of lasers are some of the technologies used nowadays to facilitate surgeon tasks during laparoscopic operations.
Minimally invasive surgery has undergone significant advances and has changed the way operations are performed in the field of gynaecology and its sub specialties. Bipolar energy sources current passes between two active electrodes which are in close proximity to each other unlike the Monopolar in which it travels through patient body. As current passes between tips of instrument, it only affects tissue grasped between electrodes. These are relatively safe and more useful as compared to Monopolar as it causes minimum collateral spread, reduce risk of interference with other devices and better coagulation. These factors collectively are rising the market demand.
The Global Directed Energy-Based Surgical Systems market is segmented based on-
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• Aesthetic applications
• Dental applications
• Gynaecologic applications
• Ophthalmic applications
• Urologic applications
• Cardiovascular applications
• Radio-frequency based
• Cryogenic based
• Ultrasound based
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North America accounted for the largest share of xx% in 2020, reason being the rising prevalence of surgeries. Investments by key players in this field has boosted the market growth. The rising number of haemodialysis procedures in North America and the technological advancements in dialysis devices introduced by key market players in this region are rising the market growth. The high class infrastructure with all surgery facilities available is also propelling the market growth in this region.
Asia Pacific is also expected to witness significant growth of xx% during the forecast period due to the increasing surgery cases. The allocation of a large amount of healthcare expenditure for hospitals and dispensing medicines to the elderly is expected drive the market demand.
Key Players Operating the Global Directed Energy-Based Surgical Systems Market
• Bausch & Lomb Incorporated
• Medtronic, INC
• Abbott Laboratories, INC
• Biolase, INC
• Johnson & Johnson Services
• American Medical Systems
• Hologic, INC
• Cynosyre, INC
The report also helps in understanding Global Directed-Energy based Surgical Systems Market dynamics, structure by analysing the market segments and project Global Directed-Energy based Surgical Systems Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Directed-Energy based Surgical Systems Market make the report investor’s guide.
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